Business News

Business

Scania Powers Up: Volkswagen's Truckmaker Acquires Northvolt's Battery Unit for Electrification Boost

Scania, under Volkswagen AG, acquires Northvolt's battery systems unit, enhancing its electrification capabilities for heavy industry with new technology, facilities, and nearly 26...

Business

Exclusive: Google Slashes Hundreds of Jobs in Android and Pixel Teams Amid Major Restructuring

Google has cut hundreds of jobs in its platforms and devices unit, responsible for Android, Chrome, and Pixel phones, as part of a restructuring effort. This follows earlier volunt...

Business

Stellantis Faces 9% Drop in Global Shipments in Q1 2025 Amid Production Challenges

Stellantis reports a 9% drop in Q1 2025 global shipments, with significant declines in North America and Europe due to production and demand challenges, despite some model sales gr...

Business

Google Announces Significant Job Cuts in Android and Pixel Division Amid Restructuring

Google has cut hundreds of jobs in its platforms and devices unit, following a merger of Android and hardware teams and voluntary exits in the U.S. This continues the company's tre...

Business

Google Announces Major Workforce Reduction in Android and Pixel Teams Amid Restructuring

Google has reportedly cut hundreds of jobs in its platforms and devices unit, affecting Android, Chrome, and Pixel teams. This follows a restructuring effort and last year's global...

Business

Tesla Halts Model X and Model S Orders in China: What's Behind the Sudden Move?

Tesla Inc. has unexpectedly suspended the order options for its Model X and Model S vehicles in China, without providing an official explanation, leading to speculation about the r...

Business

Indian Stock Market Soars: Sensex and Nifty Rally Over 1,100 Points Amid Global Rebound

Indian equity markets surged with Sensex and Nifty gaining over 1,100 points, driven by global rebound and positive domestic cues. Experts suggest selective buying in high-quality ...

Business

Indian Pharma Industry Urged to Diversify Beyond US Market Amid Trade Uncertainties

Experts recommend Indian pharma companies adopt an 'America plus' strategy to mitigate risks from US trade uncertainties, highlighting growth opportunities in Latin America, Africa...